Read as much as you want on, anywhere and anytime, for just 99¢.

Bruins Live




T-bill rates at lowest in four weeks

WASHINGTON — Interest rates on short-term Treasury bills fell in Monday’s auction to the lowest levels in four weeks.

The Treasury Department auctioned $30 billion in three-month bills at a discount rate of 0.085 percent, down from 0.095 percent last week. Another $27 billion in six-month bills was auctioned at a discount rate of 0.140 percent, down from 0.145 percent last week.

Continue reading below

The three-month rate is the lowest since three-month bills averaged 0.080 percent four weeks ago on April 23. The six-month rate is the lowest since those bills averaged 0.130 percent, also April 23.

The discount rates reflect that the bills sell for less than face value. For a $10,000 bill, the three-month price was $9,997.85 while a six-month bill sold for $9,992.88.

The average yield for one-year Treasury bills edged up to 0.20 percent last week from 0.18 percent the previous week.

Associated Press

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of